Global Kids Inc
Global Kids Inc. shows consistent revenue growth but reported a significant deficit and substantial increase in liabilities in its latest 2023 filing.
EIN: 133629485 · New York, NY · NTEE: O99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.9M |
| Total Expenses | $9.4M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $3.0M |
| Transparency Score | 75/100 |
Is Global Kids Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Global Kids Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Global Kids Inc
Global Kids Inc (EIN: 133629485) is a nonprofit organization based in New York, NY, classified under NTEE code O99Z. The organization reported total revenue of $11.9M and total assets of $14.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Kids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Kids Inc is a large nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.8M |
| Total Expenses | $9.4M |
| Surplus / Deficit | $-629,874 |
| Total Assets | $13.2M |
| Total Liabilities | $10.2M |
| Net Assets | $3.0M |
| Operating Margin | -7.2% |
| Debt-to-Asset Ratio | 77.0% |
| Months of Reserves | 16.9 months |
Financial Health Grade: C
In 2023, Global Kids Inc reported a deficit of $630K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 77.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Global Kids Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +34.2% | +169.7% |
| 2022 | +14.0% | -0.9% | +18.6% |
| 2021 | +6.3% | +4.5% | +10.9% |
| 2020 | +7.7% | +4.7% | +32.9% |
| 2019 | -5.9% | +1.7% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Global Kids Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 12%
- programs: 80%
- fundraising: 8%
According to IRS 990 filings, Global Kids Inc allocates its expenses as follows: admin: 12%, programs: 80%, fundraising: 8%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $630K, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.0%.
Executive Compensation Analysis
Global Kids Inc. consistently reports 0% officer compensation in its available IRS 990 filings, which is unusual for an organization of its size with over $8 million in annual revenue. This either indicates that executive compensation is not being reported in the standard officer compensation section or that executives are compensated through other means, requiring further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Global Kids Inc's IRS 990 filings:
- Significant increase in liabilities in 2023 without clear explanation in summary data
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and revenue
- Operating deficit in the latest fiscal year (2023) after several years of surpluses
Strengths
The following positive indicators were identified for Global Kids Inc:
- Consistent revenue growth over the past decade, from $4.4M in 2014 to $8.7M in 2023
- Strong asset base of $13.2 million in 2023, providing financial stability
- History of operating surpluses in multiple years (e.g., 2022, 2021, 2020, 2018, 2014)
Frequently Asked Questions about Global Kids Inc
Is Global Kids Inc a legitimate charity?
Global Kids Inc (EIN: 133629485) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.9M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Global Kids Inc spend its money?
Global Kids Inc directs 80% of its spending to programs and services. Fundraising costs 8%. This exceeds the 65% industry benchmark.
Are donations to Global Kids Inc tax-deductible?
Global Kids Inc is registered as a tax-exempt nonprofit (EIN: 133629485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Global Kids Inc CEO make?
Global Kids Inc's highest-compensated officer earns $8 annually. The organization reported $11.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Global Kids Inc's spending goes to programs?
Global Kids Inc directs 80% to programs, 8% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Global Kids Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Global Kids Inc is above average for NTEE category O99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Global Kids Inc located?
Global Kids Inc is headquartered in New York, New York and files with the IRS under EIN 133629485. It is classified under NTEE code O99Z.
How many years of IRS 990 filings does Global Kids Inc have?
Global Kids Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.9M in total revenue.
What caused the significant increase in Global Kids Inc.'s assets and liabilities in the 2023 fiscal year?
In 2023, Global Kids Inc.'s assets increased from $4,911,214 to $13,244,186, and liabilities rose from $1,233,657 to $10,196,503. This substantial change suggests a major financial event, such as acquiring significant property, plant, and equipment, or taking on substantial debt for a new project or expansion. Further details would be in the full 990 filing's balance sheet and footnotes.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% officer compensation is unusual for an organization of this scale. It could mean that executive salaries are reported under other expense categories (e.g., program or administrative staff salaries), that executives are compensated by a related entity, or that the organization truly has no compensated officers as defined by the IRS. This warrants a review of the full 990, specifically Part VII, Section A, to understand how key employee compensation is handled.
Is the 2023 operating deficit a cause for concern?
While the 2023 operating deficit of $629,874 (expenses of $9,407,558 vs. revenue of $8,777,684) is a negative indicator, it follows a strong surplus in 2022 ($1.2 million). A single year's deficit, especially if tied to strategic investments or temporary funding gaps, may not be critical, but sustained deficits would be a significant concern. The organization's substantial asset base of $13.2 million provides a buffer.
Filing History
IRS 990 filing history for Global Kids Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Global Kids Inc's revenue has grown by 152%, moving from $3.5M to $8.8M. Total assets increased by 368.5% over the same period, from $2.8M to $13.2M. Total functional expenses rose by 166.9%, from $3.5M to $9.4M. In its most recent filing year (2023), Global Kids Inc reported a deficit of $630K, with expenses exceeding revenue. The organization holds $10.2M in liabilities against $13.2M in assets (debt-to-asset ratio: 77.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.8M | $9.4M | $13.2M | $10.2M | — | View 990 |
| 2022 | $8.3M | $7.0M | $4.9M | $1.2M | — | View 990 |
| 2021 | $7.3M | $7.1M | $4.1M | $1.8M | — | View 990 |
| 2020 | $6.9M | $6.8M | $3.7M | $1.6M | — | View 990 |
| 2019 | $6.4M | $6.5M | $2.8M | $715K | — | View 990 |
| 2018 | $6.8M | $6.4M | $3.0M | $840K | — | View 990 |
| 2017 | $5.6M | $5.7M | $2.5M | $664K | — | View 990 |
| 2016 | $5.8M | $5.8M | $2.4M | $495K | — | View 990 |
| 2015 | $4.2M | $4.5M | $2.2M | $326K | — | View 990 |
| 2014 | $4.4M | $4.0M | $2.5M | $369K | — | View 990 |
| 2013 | $3.4M | $3.8M | $2.2M | $421K | — | View 990 |
| 2012 | $3.7M | $3.9M | $2.7M | $480K | — | View 990 |
| 2011 | $3.5M | $3.5M | $2.8M | $462K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.8M, expenses of $9.4M, and assets of $13.2M (revenue +5.7% year-over-year).
- 2022: Revenue of $8.3M, expenses of $7.0M, and assets of $4.9M (revenue +14.0% year-over-year).
- 2021: Revenue of $7.3M, expenses of $7.1M, and assets of $4.1M (revenue +6.3% year-over-year).
- 2020: Revenue of $6.9M, expenses of $6.8M, and assets of $3.7M (revenue +7.7% year-over-year).
- 2019: Revenue of $6.4M, expenses of $6.5M, and assets of $2.8M (revenue -5.9% year-over-year).
- 2018: Revenue of $6.8M, expenses of $6.4M, and assets of $3.0M (revenue +21.6% year-over-year).
- 2017: Revenue of $5.6M, expenses of $5.7M, and assets of $2.5M (revenue -4.0% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.8M, and assets of $2.4M (revenue +37.5% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.5M, and assets of $2.2M (revenue -4.5% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.0M, and assets of $2.5M (revenue +30.8% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.8M, and assets of $2.2M (revenue -8.9% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.9M, and assets of $2.7M (revenue +6.3% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.5M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Kids Inc:
Data Sources and Methodology
This transparency report for Global Kids Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.